The Bank of England - swapping secure assets for `problem` debts »
Posted By Dodge08 5 months, 2 weeks ago in Business & FinanceToday's money markets have too many debts, too many problems ââ;¬" and not enough cash. The BoE is offering to temporarily swap banks' mortgage debts (and credit card debts) for secure government bonds, which other financial institutions will be willing to accept as security.
Read Full Story at debtadvisersdirect.co.uk »
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debtnomet5 months ago
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